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Line of Credit News

India-Sri Lanka

21 Feb 2022

Sri Lanka completes trials of AC train supplied by India, see pics HERE!

Sri Lanka has completed trials of an AC train It was supplied by India under USD 318 million line of credit USD 318 million LoC was finalized for supply of railway rolling stock, up-gradation of railway tracks and other mutually agreed projects

03 Oct 2017

Bangladesh, India set to sign $4.5 bn LoC deal on Jaitley visit

The two countries signed the first LoC in August 2010 while the second one was inked in March, 2016.

10 Jul 2016

PM Modi Africa Tour: India extends $92 million Line of Credit to Tanzania

Seeking to enhance its ties with resource-rich Tanzania, India Sunday extended its full support to the country to meet its development needs and signed five agreements, including one for providing a Line of Credit of USD 92 million in the water resources sector.

03 Dec 2014

Exim Bank extends USD 1 bn of LoC to Nepal

Export-Import Bank of India (Exim Bank) Wednesday said it has extended a Line of Credit (LOC) worth USD 1 billion to Nepal for financing hydropower, irrigation and infrastructural development projects.

26 Sep 2014

SBI signs $500 mn LoC with Korea Eximbank

The entire process was facilitated by SBI's subsidiary, SBI Capital Markets.

03 Aug 2014

India announces USD 1billion line of credit to Nepal

India on Sunday announced USD 1billion line of credit to Nepal as Prime Minister Narendra Modi embarked on a two-day official visit to the Himalayan nation.

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